Company updateMoneycontrol
Motilal Oswal sets Tata Power target at Rs 440
Positive+47
GreyOak summary
Motilal Oswal raised its target price for Tata Power to Rs 440 per share. The brokerage valued the company's regulated business, coal segment, and renewables based on specific multiples. This recommendation follows a report where Tata Power's EBITDA came in below estimates despite strong Indonesia coal profitability.
What it affects
- Tata Power CompanyTATAPOWERPositive +47
Target price raised to Rs 440Rolling sentiment Positive +37
Source
Read the original at MoneycontrolMore Tata Power Company news
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